QUESTION 6

1. Ethical behavior will often involve considering the impact of corporate actions on which of the following?

	a.	customers
	b.	all of the above
	c.	employees
	d.	shareholders

QUESTION 7

1. Ethics comes from the Greek word "ethos", meaning:

	a.	duty
	b.	character
	c.	morality
	d.	legal

QUESTION 8

1. Events before and during the financial crisis arose in part because of:

	a.	illegal behavior
	b.	unethical behavior
	c.	all of the above
	d.	agency problems

QUESTION 9

1. Executing a stock transaction for your own account before a similar transaction for a customer is known as:

	a.	hedging
	b.	crossing
	c.	front running
	d.	exploratory trading

QUESTION 10

1. In dealing with the balance of competing stakeholder interests, attention to which of the following should be held as paramount?

	a.	environmental concerns
	b.	employee relations
	c.	profit maximization
	d.	human dignity

QUESTION 11

1. Management of a troubled company decides to engage in risky behavior in an effort to increase the stock price. The behavior increases the probability of more financial turmoil and ultimately, bankruptcy. Which of the following stakeholders will be hurt most directly by this behavior?

	a.	environment
	b.	competitors
	c.	bondholders
	d.	shareholders

QUESTION 12

1. Management of a troubled company decides to liquidate assets in order to make interest payments to bondholders. While necessary to stave off bankruptcy, which stakeholder may negatively view this action?

	a.	environment
	b.	employees
	c.	bondholders
	d.	shareholders

QUESTION 13

1. Shifting factories abroad to reduce employee costs negatively affects which of the following stakeholders:

	a.	shareholders
	b.	customers
	c.	bondholders
	d.	communities where factories currently reside

QUESTION 14

1. The CFP Board has a code a "Code of Ethics and Professional Responsibility" for financial planners to uphold based which of the following pillars:

	a.	confidentiality
	b.	all of the above
	c.	fairness
	d.	diligence

QUESTION 15

1. The decision to move a corporate domicile abroad in an effort to reduce tax burden will benefit which of the following stakeholders?

	a.	shareholders
	b.	government
	c.	competitors
	d.	all of the above